Question: Thunder Inc. needs to determine its equity cost. Thunder's stock beta is estimated to be equal to 2.2. Assuming the market premium equals 5.6%,

Thunder Inc. needs to determine its equity cost. Thunder's stock beta is

Thunder Inc. needs to determine its equity cost. Thunder's stock beta is estimated to be equal to 2.2. Assuming the market premium equals 5.6%, and a risk-free rate of 2.6%, calculate Thunder's cost of equity.

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